Kevinlaw

LATEST ARTICLES ( 16 )

• Timchenko’s Gunvor Thrives As Gas Prices Rise in Europe

  

  Energy trader Gennady Timchenko, head of Geneva-based Gunvor Group, has his work cut out for him this year as Europe sees gasoline prices soar to new highs amon... Read more

  Posted on 22 February 2012 SOCIETY

• Chevron: Production Low, but Profits Hit the Roof

  

  Chevron’s profits more than doubled in the third quarter, powered by rising prices for crude oil, eventhough production sliped. San Ramon-based Chevron earned... Read more

  Posted on 28 October 2011 BUSINESS, SOCIETY

• Glencore Sells Naphta, Hin Leong Buys Gasoil

  

  Glencore International AG sold naphtha for a third day in Singapore, Asia’s biggest oil-trading center. Hin Leong Trading Pte paid a higher premium for two... Read more

  Posted on 19 October 2011 SOCIETY

• A British Firm Will Control Libyan Oil Field Company

  

  British company Heritage Oil PLC said Tuesday that it has acquired a controlling interest in a Libyan company licensed to provide oil field services including... Read more

  Posted on 07 October 2011 SOCIETY

• Marathon Oil to a Record 52 Weeks Low

  

  Marathon Oil traded today at a new 52-week low of $20.83. So far today approximately 7.2 million shares have been exchanged, as compared to an average 30-day... Read more

  Posted on 03 October 2011 SOCIETY

• Oil Volatility: Will the Fed Make Its Effect?

  

  Oil options volatility slipped as the underlying futures rose for the first time in three days on speculation the Federal Reserve will take steps to bolster... Read more

  Posted on 21 September 2011 SOCIETY

• Gennady Timchenko to Control Construction Giant ARKS

  

  Gennady Timchenko’s energy trading company Gunvor recently acquired a stake in construction giant ARKS and bought an option to take control of the company. Read more

  Posted on 13 September 2011 SOCIETY

• Seneca Resources Not Giving up Marcellus Partnership

  

  Natural gas and oil company Seneca Resources Corp. said Thursday that it expects the production rate at its operations in the Marcellus Shale to reach 150... Read more

  Posted on 08 September 2011 SOCIETY

• $12 Billion Shale Gas Deal for BHP Billiton

  

  BHP Billiton has made another big bet on energy in the US, announcing an agreement to buy Petrohawk, an independent oil and gas company, for $12.1bn in cash. Read more

  Posted on 26 August 2011 SOCIETY

• ENI Invests in Venezuelan Oil

  

  Italian energy company Eni said it would contribute as much as $1.5 billion to a state energy company to develop the Junin 5 block off the coast of Venezuela. Read more

  Posted on 14 August 2011 SOCIETY

• ConocoPhillips Will Split Refining and Exploration/production

  

  ConocoPhillips, the $226 billion Houston-based oil giant, yesterday said that it will spin off its refining and marketing operation, in a move aimed at... Read more

  Posted on 02 August 2011 SOCIETY

• Oil Demand Should Remain Strong, Oil Getting Higher

  

  Oil rose Tuesday after the Organization of Petroleum Exporting Countries said global demand will be the highest ever this year, although the “unsteady” global... Read more

  Posted on 13 July 2011 SOCIETY

• NYSE: Marathon Petroleum Group Enters the Big League

  

  Marathon Petroleum Corp. has debuted on the New York Stock Exchange as the second- largest U.S. independent oil refiner after surging gasoline prices drove a... Read more

  Posted on 04 July 2011 SOCIETY

• Is IEA Oil Release a Stimulus Measure for Consumers?

  

  The International Energy Agency’s planned release of oil from reserves is being used as an economic stimulus measure that will serve as a “tax cut” for consumer... Read more

  Posted on 27 June 2011 SOCIETY

• Repsol and Alliance Form a Russian Joint Venture

  

  How will the $800M joint venture work? Repsol will contribute cash to support growth of the joint venture and Alliance Oil will contribute producing oil assets... Read more

  Posted on 18 June 2011 SOCIETY

• Exxon Discovers Deepwater Oil and Gas in Gulf of Mexico

  

  Exxon Mobil Corp. (XOM) unveiled two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico with the potential for the recovery of more than... Read more

  Posted on 08 June 2011 SOCIETY